Axxcess Wealth Management LLC Raises Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Axxcess Wealth Management LLC grew its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 230.8% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 7,350 shares of the company’s stock after buying an additional 5,128 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $938,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in VYM. Raymond James Financial Inc. purchased a new stake in Vanguard High Dividend Yield ETF during the 4th quarter worth about $921,398,000. SBI Securities Co. Ltd. acquired a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth about $77,577,000. Bell Bank lifted its stake in Vanguard High Dividend Yield ETF by 169.0% during the fourth quarter. Bell Bank now owns 696,473 shares of the company’s stock worth $88,863,000 after purchasing an additional 437,527 shares during the last quarter. Wealthfront Advisers LLC boosted its holdings in Vanguard High Dividend Yield ETF by 17,578.5% in the fourth quarter. Wealthfront Advisers LLC now owns 413,500 shares of the company’s stock valued at $52,758,000 after purchasing an additional 411,161 shares in the last quarter. Finally, Strategic Financial Concepts LLC boosted its holdings in Vanguard High Dividend Yield ETF by 13,081.4% in the fourth quarter. Strategic Financial Concepts LLC now owns 389,247 shares of the company’s stock valued at $49,664,000 after purchasing an additional 386,294 shares in the last quarter.

Vanguard High Dividend Yield ETF Trading Down 0.3 %

VYM stock opened at $129.79 on Friday. The stock has a market cap of $59.68 billion, a P/E ratio of 18.95 and a beta of 0.83. Vanguard High Dividend Yield ETF has a twelve month low of $114.37 and a twelve month high of $135.10. The company’s 50 day moving average is $131.56 and its two-hundred day moving average is $130.09.

Vanguard High Dividend Yield ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Tuesday, March 25th. Investors of record on Friday, March 21st will be given a $0.85 dividend. The ex-dividend date of this dividend is Friday, March 21st.

Vanguard High Dividend Yield ETF Profile

The Vanguard High Dividend Yield Index Fund (VYM) is an exchange-traded fund that is based on the FTSE Custom High Dividend Yield index. The fund tracks the FTSE High Dividend Yield Index. The index selects high-dividend-paying US companies, excluding REITS, and weights them by market cap. VYM was launched on Nov 10, 2006 and is managed by Vanguard.